PATK director granted 1,594 shares in stock award
Suggs Denis G reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Suggs Denis G reported acquisition or exercise transactions in this Form 4 filing.
PATRICK INDUSTRIES INC director Denis G. Suggs received an equity grant of 1,594 shares of common stock on May 14, 2026 as part of his annual director compensation. The award vests on May 14, 2027, bringing his directly held stake to 20,338 shares after the grant.
Positive
- None.
Negative
- None.
Insights
Routine annual stock grant modestly increases director’s equity stake.
Director Denis G. Suggs received 1,594 shares of PATRICK INDUSTRIES INC common stock as an annual director stock grant. The grant has a zero dollar price per share, indicating it is compensation rather than an open-market purchase.
The shares vest on May 14, 2027, which helps align the director’s incentives with longer-term company performance. After this award, Suggs directly holds 20,338 shares, so the grant increases but does not dramatically change his ownership position.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,594 | $0.00 | $0.00 |
Footnotes (1)
- F1. Annual Director's Stock Grant awarded on May 14, 2026 and vesting on May 14, 2027.
Key Figures
Key Terms
Annual Director's Stock Grant financial
vesting financial
Grant, award, or other acquisition financial
FAQ
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What insider transaction did PATRICK INDUSTRIES (PATK) report for Denis G. Suggs?
Was the PATK Denis G. Suggs Form 4 a purchase or a grant?
What does transaction code "A" mean in the PATK Denis G. Suggs Form 4?
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